Pro‑crypto PAC Protect Progress plans $1.5m spend next month against Rep. Al Green over his anti‑crypto voting record.
Summary
- Protect Progress, aligned with Fairshake, will pour $1.5m into ads and outreach in Texas’ Democratic primary to defeat Green.
- The PAC cites Green’s opposition to FIT 21, the Digital Asset Market Clarity Act, the GENIUS stablecoin bill, and his support for SAB 121 bank‑custody limits.
- Fairshake and affiliates control about $193m in cash from donors including Ripple, Coinbase and a16z, signaling deeper crypto lobbying in 2026 races.
A cryptocurrency-aligned super PAC announced plans to spend $1.5 million opposing Rep. Al Green in the Texas Democratic primary next month, according to a statement released by the organization.
Protect Progress, a federal super PAC affiliated with Fairshake, said the funds will support advertising and voter outreach aimed at unseating Green, a longtime member of the House Financial Services Committee who has voted against several major crypto-related bills.
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The group cited Green’s opposition to measures including the Financial Innovation and Technology for the 21st Century Act, the Digital Asset Market Clarity Act currently under consideration, and the GENIUS stablecoin bill that passed earlier this year. The organization also pointed to his support for maintaining the SEC’s Staff Accounting Bulletin 121, which limited how banks custody digital assets.
“As a member of the Financial Services Committee, Representative Al Green has decided to try and stop American innovation in its tracks,” Fairshake spokesperson Josh Vlasto said in a statement.
Green, who has served in Congress since 2005, has voiced skepticism about cryptocurrency, warning of potential risks to the U.S. dollar’s global role and raising concerns about the sector’s economic and environmental impact, according to public statements. During a House hearing last year, he dismissed claims that regulators pressured banks to cut ties with crypto firms, calling “Operation Choke Point 2.0” a “made-up statement.”
Green is running in a reshaped Houston-area district following Texas redistricting and faces Democratic challenger Christian Menefee, who has received favorable assessments from crypto advocacy groups.
Fairshake and affiliated committees reported holding approximately $193 million in cash earlier this year, following fundraising from major industry players including Coinbase, Ripple and Andreessen Horowitz, according to federal filings. The spending reflects how crypto-backed political groups plan to engage in the 2026 election cycle, backing candidates supportive of digital asset regulation while opposing lawmakers viewed as hostile to the industry.
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